The PARSIQ Tsunami API finally launches on Offchain Labs’ Arbitrum One, offering faster and better access to web 3.0 raw data. It stands to benefit from Arbitrum’s developer and user base.
The long-awaited Ethereum Layer-2 scaling solution, PARSIQ Tsunami API, officially went online on Arbitrum One. The announcement made by PARSIQ on its blog on January 17 expressed its appreciation for the support the API managed to get. So far, the PARSIQ community hopes to gain a lot from the new feature.
The Tsunami API will streamline the process of accessing historical and real-time data. It will also provide data retrieval and manipulation techniques while giving users monitoring functions. Furthermore, its community can now access and restructure data instantaneously, unlike when it took days to weeks.
It is essential to note the progress layer-2 solutions make in the crypto and blockchain industry. More ecosystems are adopting the same for more scalable solutions for their users, including heightened functionality, interoperability, security, and more. PARSIQ, an all-rounded data network for the backend for web 3.0 solutions and anything related, will have more advantages with the Tsunami API.
The Tsunami API to benefit more on Arbitrum One
Arbitrum One is a well-known layer-2 solutions service provider, boasting clients like 1INCH, Aave, Balancer, Band Protocol, Binance, and Bond Protocol, to mention a few. PARSIQ has much to gain from Arbitum One, including tapping into its user base, speed, efficiency, and developer-friendly options.
Platforms can now leverage insane speeds as the Tsunami API can process 33 million blockchain activities in a second. Additionally, they can now access raw web 3.0 data on several levels, including the APY, ROI, total value locked, liquidity, and more. To top it off, it provides filtration methods, making accessing blockchain history more straightforward.
According to the Offchain Labs CSO, accessing data seamlessly is necessary for web 3.0’s progress. The Tsunami API will be an added advantage during the development cycle, providing more data for users. PARSIQ’s CEO also expressed excitement about being part of Arbitrum One. He also hopes to give more to the Arbitrum user base, including developers.
